417 Grey Street London East, ON N6B 1H1
Listing Courtesy of: TORONTO IDX / Century 21 First Canadian Corp. Brokerage / April Gray

  417 Grey Street London East, ON N6B 1H1

Active
$778,000
4
BED
3
BATH
1100-1500
SQFT
See Similar Listings

Description

This fully renovated VACANT triplex in London, ON, is a prime investment opportunity, offering modern finishes, excellent rental income potential, and a strong cap rate of over 7.5%. Situated on a deep lot with room for future development, this property features three beautifully updated units. Each unit boasts brand-new luxury vinyl plank flooring, stylish kitchens with quartz countertops in one unit, upgraded appliances (in all units), and elegant tiled backsplashes. The main floor unit is bright and open-concept, with direct access to the backyard, in-suite laundry, and a partially finished basement perfect for storage. It previously rented for approximately $2,000 per month. The second unit is a well-designed studio apartment with contemporary finishes, generating around $1,350 per month. The upper-level unit features a spacious, open layout with two bedrooms and a brand-new shower, previously renting for $2,200 per month. With its turnkey condition, strong rental demand, and potential for additional development, this triplex is a rare opportunity for investors or those looking to live in one unit while renting out the others. Don't miss out on this high-yield property!

MLS®:
X12052448
Taxes
$3,162(2024)
Type
Multifamily
Style
2-Storey
Views
City, Downtown
County
Middlesex County
Community
East K

Listed By

April Gray, Century 21 First Canadian Corp. Brokerage
Source
TORONTO IDX
Last checked Apr 10 2025 at 3:42 PM GMT+0000
Bathroom Details
Interior Features
  • Carpet Free
  • Separate Hydro Meter
  • Water Heater
Property Features
  • Foundation: Block
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Unfinished
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Private
Stories
  • 2
Powered by Walk Score®
Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/10/25 08:42

CENTURY 21 First Canadian Corp. Brokerage

INFO & SERVICES

CENTURY 21 First Canadian Corp. Brokerage

420 York Street, London, ON N6B1R1

Mob (519) 630-7400

Off (519) 673-3390

INFO & SERVICES

Find a Home

Careers

Terms & Conditions

Privacy Policy

link to Century 21 Canada's YouTube page
20210623_222014

Independently Owned and Operated. ®/™ trademarks owned by Century 21 Real Estate LLC used under license or authorized sub-license. © 2020 Century 21 Canada Limited Partnership © 2020 Century 21 Canada Limited Partnership

The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association. Not intended to solicit properties currently listed for sale or buyers under contract.

Century 21 Canada Limited Partnership currently has franchise opportunities available in select markets across Canada. The intent of this communication is for informational purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage operation. This e-mail message contains confidential information intended only for the use of the individual or entity named above. Any unauthorized use or disclosure is strictly prohibited. If you have received this communication in error please immediately delete the e-mail and either notify the sender at the above e-mail address or by telephone.

© 2022 MoxiWorks